Paddy Baker

Paddy Baker is a London-based cryptocurrency reporter. He was previously senior journalist at Crypto Briefing.

Paddy holds positions in BTC and ETH, as well as smaller amounts of LTC, ZIL, NEO, BNB and BSV.

Paddy Baker

Latest from Paddy Baker


Markets

Japan Is Seriously Considering a Digital Yen: Report

As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year's policy agenda.

(Shutterstock)

Markets

First Mover: UK Economy Setback Renews Questions of Bitcoin's Resilience

The U.K. is recovering from the economic effects of the coronavirus more slowly than expected. Would a fresh market drop pull down bitcoin, too?

London, U.K. (pisaphotography/Shutterstock)

Markets

China to Test Digital Yuan on Tencent-Backed Food Delivery Platform

Now three Tencent-backed companies are setting themselves up to become early-stage testers for China’s digital yuan initiative.

(Shutterstock)

Finance

Standard Chartered Participates in Jammed $18M Round for Crypto Custodian

Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.

CoinDesk placeholder image

Markets

PayPal Told EU It Had Crypto Plans Back in March

PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it.

Venmo is a division of payments company PayPal.

Markets

Gate.io, Huobi Enter Booming Crypto Options Scene

The two exchanges are moving into the crypto options scene, which continues to grow as volumes on spot and futures markets spiral.

Huobi Executive Director Chen Guang (Huobi)

Markets

Binance Rolling Out Crypto Card for EU, UK Markets

Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards.

Binance CEO Changpeng Zhao

Markets

Polkadot's Inaugural Vote Could Expand DOT Supply by 1,000x

The first vote on Polkadot will be to see whether the DOT supply should be redenominated by a "logical" 100x or even by 1,000x.

Polkadot founder Gavin Wood

Policy

SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps

The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

Abra CEO Bill Barhydt (CoinDesk archives)

Finance

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8

Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.

A crypto mining farm.